RECENT NEWS
The Hindu Business Line  Sep 19  Comment 
With softening global oil rates leading to first ever profit on diesel sales, the government is considering raising excise duty on unbranded diesel to take away the gains. State-owned oil...
The Economic Times  Sep 17  Comment 
Oil and Natural Gas Corp fell 0.8 per cent in trade on Wednesday. The government will decide on diesel deregulation after state polls.
The Times of India  Sep 17  Comment 
State-owned oil marketing companies (OMCs) have started making a profit of 35 paise on every litre of diesel sold after a gap of five years but will cut prices only after the government's nod, said sources.
The Hindu Business Line  Sep 16  Comment 
Govt examining the option of raising the issue with the Chilean Government
Automotive World  Sep 16  Comment 
Al Bedwell presents his forecast for the mainstream fuel at Megatrends Europe 2014 The post Diesel has peaked in Europe, says LMC Automotive appeared first on Automotive World.
The Economic Times  Sep 16  Comment 
"The diesel under-recovery has been wiped out and there is over-recovery of Rs 0.35 per litre with effect from Sep. 16," a government statement said.
SeekingAlpha  Sep 15  Comment 
By MetalMiner: By Stuart Burns In a recent post we looked at the state of the crude oil market, how demand has been weak as a result of refinery maintenance closures in Europe and lower domestic consumption in China. Even though China is...
The Hindu Business Line  Sep 15  Comment 
The Government must take advantage of falling global crude oil prices and deregulate diesel, said RBI Governor Raghuram Rajan said at a conference today. Brent crude, a benchmark for Asia...




 
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